Neuberger Berman Commemorates Firm's 75th Anniversary With Annual "Celebration with Service" 2014 Global Projects Included School, Park and Home Revitalization, Career Counseling and Literacy Efforts
NEW YORK, May 16, 2014 /PRNewswire/ -- Neuberger Berman Group LLC, one of the world's leading employee-controlled investment managers, concluded its annual "Celebration with Service" program having notched its highest ever number of volunteers, service hours and global projects. The community service initiative in late April and early May included more than 1,160 Neuberger Berman volunteers devoting over 3,200 hours from 90+ projects globally in cities including Boston, New York, Chicago, Dallas, Wilmington, Del., London, Los Angeles, Hong Kong, Singapore, Shanghai, Taipei and Tokyo.
Celebration with Service is a key component of Neuberger Berman's signature philanthropic program, NB Impacts, which brings together all the resources of the firm—employee engagement, employee leadership and financial contributions—to meet critical community needs. Over the past three years, NB Impacts has engaged more than 4,500 volunteers globally who have worked with more than 5,000 youth, reached 800 seniors and spent nearly 2,000 hours sprucing up parks and community spaces. The Neuberger Berman Foundation, a cornerstone of NB Impacts, makes grants in support of organizations that provide academic enrichment, job readiness and college preparedness programs for at-risk children and youth.
Of the more than 90 projects occurring globally this year, select highlights include:
- This year's marquee event featured Neuberger Berman volunteers working alongside local youth, through New York Cares, to beautify and revitalize the Bronx River Community Center at the New York City Housing Authority's Bronx River Houses.
- Volunteers in Chicago worked with Special Olympics Athletes to help them prepare for competition and help students from Teen Living hone their interviewing skills.
- In Dallas, employees undertook several projects, serving meals with Stewpot, gardening at Stonewall Gardens and working with children at Vogel Alcove.
- Partnering with Changing Young Lives, volunteers in Hong Kong worked with children to create paintings for their learning center.
- Working with American Red Cross, volunteers in Los Angeles registered blood donors.
- In Melbourne, volunteers prepared meals for the homeless and hungry with FareShare.
- In Tokyo, projects included cleaning a local beach and a hospital serving young children.
- In Singapore, volunteers helped individuals make flowers for Mother's Day.
For information on the Neuberger Berman Foundation and Celebration with Service, please visit https://www.nb.com/corporate_social_responsibility/.
About Neuberger Berman
Neuberger Berman is a 75-year-old private, independent, employee-controlled investment manager. The firm manages equities, fixed income, private equity and hedge fund portfolios for institutions, advisors and individuals worldwide. With offices in 16 countries, Neuberger Berman's team is approximately 2,000 professionals and the company was named by Pensions & Investments as a 2013 Best Place to Work in Money Management. Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $247 billion in client assets as of March 31, 2014. For more information, please visit our website at www.nb.com.
All information is as of March 31, 2014, unless otherwise indicated and is subject to change without notice. Firm data, including employee and assets under management figures, reflects collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC. Firm history dates back to the 1939 founding of Neuberger & Berman (the predecessor to Neuberger Berman LLC).
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